After having increased for three consecutive months, the Ctrack Transport and Freight Index (Ctrack TFI) declined notably in the past two months to reach an index level of 119.8 in July, the lowest since February 2024. The weakness evident in the logistics sector has been quite broad-based with five of […]
Tag: Freight Index
Recovery in the logistics sector continued during April 2024
After declining notably in the first two months of the year, the Ctrack Transport and Freight Index (Ctrack TFI) increased in March and April to reach an index level of 123.4, an increase of 2.8% compared to March’s level, and 1.5% above year-ago levels. Except for the two sub-sectors (sea […]
Air freight led a welcome recovery in the logistics sector during March 2024
After declining notably in the first two months of the year, the Ctrack Transport and Freight Index (Ctrack TFI) increased in March to an index level of 119.7, an increase of 1.1% compared to February’s level, though just marginally up on a year ago. Except for the two smaller sub-sectors […]
Strain still evident in the logistics sector during February 2024
After declining abruptly in January, the Ctrack Transport and Freight Index (Ctrack TFI) subsided further in February to an index level of 118.6, a drop of 0.8% compared to January’s level of 119.6 and the lowest since February 2023. Although the pace of decline has subsided compared to January, the […]
Broad-based weakness evident in the logistics sector in January 2024
After increasing somewhat in December 2023, the Ctrack Transport and Freight Index (Ctrack TFI) declined notably in January to an index level of 119.3, a drop of 2.1% compared to December’s level of 121.9. The extent of the weakness evident reminds of the pressure the sector experienced amid the KZN […]
The logistics sector lifts its head during October
The logistics sector lifts its head during October. Following four consecutive monthly contractions, the Ctrack Transport and Freight Index defied expectations to record growth during October. At an index level of 120.7, the Ctrack Transport and Freight Index is tracking 2.8% above year-ago levels. While the improvement at the start […]
Despite recent contractions the transport sector is expected to be amongst the top performers in the broader economy
The Ctrack Transport and Freight Index (Ctrack TFI) retreated further in July 2023 to an index level of 120.8, the lowest since March (120.5). This represents a decrease of 1,2% during the month of July. This second consecutive monthly contraction confirms the loss of momentum in the logistics sector. In […]
The South African logistics sector treads water in September
Following three consecutive months of growth, the South African logistics sector as measured by the Ctrack Transport and Freight Index declined marginally during the month of September, however the third quarter still returned growth. The Ctrack Transport and Freight Index (Ctrack TFI) declined by 0.1% on a monthly basis in […]
The South African logistics sector treads water during June
The logistics sector of South Africa recovered somewhat during the month of June, following two months of strain. The Ctrack Transport and Freight Index (Ctrack TFI) grew by 1.3% during June compared to May which represented a 5.0% improvement compared to a year ago, slightly up from May’s 4.7% year-on-year […]